WASHINGTON—Today, the Obama Administration released the first national standards to limit carbon dioxide emissions from existing power plants. These standards are the next step in implementing the U.S. Climate Action Plan to address the growing threat of climate change. The proposal would put in place emission cuts of 30 percent by 2030 compared to 2005 levels.

Following the Green Climate Fund board meeting in Songdo, South Korea, country delegates agreed on procedures to operationalize the fund. Established in 2011, the Green Climate Fund now has clear guidelines for how to channel funds to help developing countries advance low-carbon strategies and implement measures to enhance climate resilience.

The following is a statement by Dr. Andrew Steer, President and CEO, World Resources Institute:

WASHINGTON—The Intergovernmental Panel on Climate Change (IPCC) released the Working Group III (WGIII) portion of its Fifth Assessment Report on climate change. The report focuses on actions necessary to reduce greenhouse gas emissions which cause climate change. Representing the most comprehensive assessment of policy-relevant climate research to date, the IPCC Fifth Assessment Report is the product of more than 800 authors from around the world.